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Rent the Runway’s share price has been pummelled since its IPO in October 2021, dropping 80%.
An increase in appetite from the American public to socialise, attend events, and return to work will grow the company’s active subscriber base and positively impact their revenue.
Sentiment polarity scoring from customers about the company is positively skewed which is reason for further optimism.
The market is failing to recognise Rent the Runway’s positive outlook which provides investors with a buying opportunity.